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Western University Scholarship@Western Centre for the Study of International Economic Relations Working Papers Centre for the Study of International Economic Relations 1982 Did Macroeconomics Need the Rational Expectations Revolution? David Laidler Follow this and additional works at: http://ir.lib.uwo.ca/economicscsier_wp Part of the Economics Commons Citation of this paper: Laidler, David. "Did Macroeconomics Need the Rational Expectations Revolution?." Centre for the Study of International Economic Relations Working Papers, 8215C. London, ON: Department of Economics, University of Western Ontario (1982). ISSN 0228-4325 ISBN 0-7714-0382-8 CENTRE FOR THE STUDY OF INTERNATIONAL ECONOMIC RELATIONS WORKING PAPER NO. 8215C DID MACROECONOMICS NEED THE RATIONAL EXPECTATIONS REVOLUTION? David Laidler This paper contains preliminary findings from research work still in progress and should not be quoted without prior approval of the author. DEPARTMENT OF ECONOMICS THE UNIVERSITY OF WESTERN ONTARIO LONDON, CANADA N6A 5C2 Department o - - -----. • no ics i~rary , OCT 1 g 1ruJ? University of ~'estern 011tdrio